2010
07.28

Gerardo Camps said that "there is no objection" to follow the SIP CAM.

The Minister of Economy, Gerardo Camps, said Tuesday that "there is no objection" to push ahead the process of institutional protection scheme (SIP) between Cajastur CAM, Caja Extremadura and Caja Cantabria.

Camps has spoken in these terms, after meeting with President Ruralcaja, Eduardo Ferrer, and president of Fundacion Ruralcaja, Jose Garrido, regarding the meeting to be held on the afternoon of Monday the, aika gold, Board of Directors to adopt CAM a final posiicon.

In this regard, has indicated that it is not for the anticipation of the position of the Fund Valencia about the future of this cold fusion because the position of the Consell "always" has to respect decisions reached by the Board of Directors of the entity, but stressed that the, sto credits, news you have moved, "there was no objection."

In fact, pointed out that this process is beginning its own CAM "under the decision of the Board of Directors and its Assembly." Asked which is his desire, has replied that none other than the representative body of the CAM. "I have no other," stressed Camps, who has insisted that the position, allods gold, of the Consell is always "respect" the decisions of the Fund and has been assured that they will decide "what is best for the CAM, for the system Valencian financial and for the whole of the Valencian society. "

2010
07.28

Fenosa Gas Natural plans to invest between 9,000 and 13,000 million euros until 2014.

Fenosa Gas Natural plans to invest over EUR 9,000 million between 2010 and 2014, although this figure could rise to 13,000 million euros "if given the right environment", as stated in the strategic plan presented Tuesday by the company, the first after the incorporation of Union Fenosa.

The new strategy of the multinational energetic contained two distinct phases: one, aika gold, until 2012, focused on strengthening the balance sheet optimization to achieve synergies and organic growth, and another until 2014, focused on making investments to exploit opportunities markets and growth in key businesses, while maintaining financial soundness.

One of the key objectives for the Group "is the capturing of strong organic growth potential" of its current businesses, particularly, ffxiv gil, its regulated businesses and assets in Latin America.

To this end, Fenosa Gas provides an investment plan of 5,300 million in the period 2010-2012, with additional investments between 2013 and 2014 contingent upon the favorable evolution of energy and economic environment and the materialization of attractive projects in business and markets high strategic interest to the company.

In total, the, darkfall gold, investment program will Fenosa Gas Natural of 9,000 to 13,000 million euros in the entire duration of the new plan. The Group expects to achieve EBITDA of more than 5,000 million euros at the end of 2012 and expects this number to rise to between 5700 and 6,100 million euros in 2014.

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Habra expansion)